O2C Senior Manager

Job Purpose:

As an O2C Senior Manager in Group Finance Shares Service Centre (FSSC), the role will focus on supporting and managing the day-to-day activities of the O2C function whilst complying with organization’s policies and procedures and ensuring necessary checks and balances to mitigate risks:

Key Responsibilties:

• Provide financial support in Accounts Receivable and Revenues area to Asset Management, Property Services, BU and Leasing teams and act as a finance business partner in this regard.
• Provide necessary support to Asset Management teams in preparation of budgets, forecasts and long-term plans; through rationalization, validation, and verification of tenant revenue figures and balances.
• Have proper control over billing process ensuring timely and accurate generation of A/R invoices.
• Analyze all tenant performance/rent related financial data and develop customized reports pertaining to benchmarking, key performance indicators, analysis of revenues, tenant sales to rent ratio etc. for senior management review.
• Ensure accounts receivable and revenue processes are operated efficiently and effectively, and support business units’ activities in relation to those processes.
• Support the region on all AR and Revenues special requirements of financial reporting and analysis as and when required.
• Always ensure proper segregation of duties in connection with Accounts Receivable accounting and collections (cash as well as post and current dated cheques/letter of Guarantees)
• Run accounts receivable and revenue related integrity reports on monthly basis and ensure no issues are outstanding.
• Reconcile GL control accounts relating to accounts receivable and revenue on regular basis and ensure correct and accurate balances.
• Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the Business
• Liaise with internal and external auditors with matters related to accounts receivable and revenue and ensure timely implementation of audit recommendations.
• Review lease data, signed lease agreements and billing request before processing in the accounting system
• Establish, maintain, and update accounts receivable and revenue monthly closing check list and ensure Revenue accounting team adheres to the same.
• Ensure proper calculation and recording of Doubtful Debts Provision on monthly basis in compliance with applicable financial policies and procedures.
• Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processes
• Review and approve all tenants’ statement of account as and when required.
• Review all tenants’ refunds ensuring compliance with lease agreements and the company’s financial policies and procedures.
• Provide required assistance in implementation of new financial systems, interfaces, and/or system improvement as well as similar initiatives.
• Manage, guide and mentor the team reporting into and take full responsibility in identifying potential talent and timely supporting professional development.
• Review ECL monthly report and the misstatement figures before sharing it with the BU
• Lead by example – thrive to create an honest and open work environment where individuals collaborate /support each other as a team and are passionate to achieve a common business objective.